22 S12-04 Calculating Returns (LO1) 125 Dom 02:30 25 Suppose you bought a bond with an annual coupon of 7 percent one year ago for $1,010 The bond sells for $985 today a. Assuming a $1000 face value what was your total dollar return on this investment over the past year? b. What was your total nominal rate of return on this investment over the past year? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) c. If the inflation rate last year was 3 percent, what was your total real rate of return on this investment? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e... 32.16.) Pa 3. Total doiler return b. Nominal rate of retum c. Restate of return (Hint Use the Fishet Equation to solve for the real rate of return(nominal) = (1+ real rate of inflation)